Which One of the Following Choices Represents Alternatives to Traditional

question 76

Multiple Choice

Which one of the following choices represents alternatives to traditional budgeting approaches?

• A) Volume-based budgeting and zero-base budgeting (ZBB).
• B) Activity-based budgeting (ABB) and volume-based budgeting.
• C) Kaizen budgeting and volume-based budgeting.
• D) Activity-based budgeting (ABB), kaizen budgeting, and zero-base budgeting (ZBB).
• E) Activity-based budgeting (ABB), kaizen budgeting, and volume-based budgeting.

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Definitions:

Automatic Stabilizers

Financial strategies and initiatives, including taxation and unemployment insurance, that inherently adapt to mitigate economic variations without the need for further action by the government.

Aggregate Output

The total value of all goods and services produced in an economy within a given period of time.

Tax Revenue

The government's income from taxes imposed on individuals, businesses, and other legal entities.

Unspecified Government Spending

Government expenditures not clearly allocated or detailed for specific purposes in official documents.